News headlines about Hydrogenics Corporation (NASDAQ:HYGS) (TSE:HYG) have been trending somewhat positive this week, according to Accern. The research group identifies negative and positive media coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Hydrogenics Corporation earned a coverage optimism score of 0.13 on Accern’s scale. Accern also gave media coverage about the energy company an impact score of 46.0327902522196 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the next several days.

Here are some of the headlines that may have impacted Accern’s rankings:

Several equities research analysts have commented on HYGS shares. Zacks Investment Research downgraded shares of Hydrogenics Corporation from a “hold” rating to a “strong sell” rating in a research note on Wednesday, October 4th. Roth Capital set a $11.00 target price on shares of Hydrogenics Corporation and gave the company a “buy” rating in a research note on Monday, July 31st. Cowen and Company reissued a “hold” rating and set a $9.00 price objective on shares of Hydrogenics Corporation in a research report on Tuesday, October 17th. ValuEngine downgraded shares of Hydrogenics Corporation from a “hold” rating to a “sell” rating in a research report on Friday, September 22nd. Finally, HC Wainwright reissued a “buy” rating and set a $10.00 price objective on shares of Hydrogenics Corporation in a research report on Tuesday, November 7th. One research analyst has rated the stock with a sell rating, two have assigned a hold rating and two have issued a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average price target of $10.00.

Shares of Hydrogenics Corporation (NASDAQ HYGS) opened at $9.40 on Tuesday. Hydrogenics Corporation has a 12-month low of $3.90 and a 12-month high of $11.25.

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About Hydrogenics Corporation

Hydrogenics Corp is a Canada-based firm, which designs and manufactures hydrogen generation products based on water electrolysis technology, and fuel cell products based on proton exchange membrane (PEM) technology. The Company’s segments are Onsite Generation and Power Systems. The OnSite Generation segment is based in Oevel, Belgium and develops products for industrial gas, hydrogen fueling and renewable energy storage markets.

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